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20121129
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waving because of an impending decision at the united nations. i'll ask israel's ambassador to the united states why he thinks -- why his country thinks the u.n.'s possibly interaction is a bad idea. i'm wolf blitzer. you're in "the situation room." >>> we begin with today's hard words in the negotiations to avoid the so-called fiscal cliff. that steep across the board spending cut and tax increase scheduled to hit in just 33 days. in a scathing assessment today, the speaker of the house john boehner says there's been no substantive progress on a deal. need to realize there can be no deal without tax rates going up for top earners. let's go live to our chief white house correspondent jessica yellin. she's got more on the latest developments. tough talk from both sides, jessica. >> reporter: tough talk and some bright lines, wolf. on the same day that treasury secretary tim geithner went to capitol hill to meet with both democrats and republicans to talk about these negotiations, there is tense body language and tough words on both sides of pennsylvania avenue. they're starting to sound du
israel. the general assembly of the united nations is almost certain to grant the palestinians a status upgrade. this is a step that palestinians hope will eventually lead to recognition as an independent state. take a look at the crowd that's gathered there. this is yasser arafat square in ramallah. ♪ their president mahmoud abbas live. the vote is scheduled to be happening two and a half hours from now. this is something that israel and the u.s. have spent months lobbying against. i want to bring in jim clancy to put this in perspective here from cnn international. jim, first of all, what does this mean in very plain terms, for the palestinians if they get this upgraded status at the u.n., the significance? >> somebody calls them a state. they are allowed to join international organizations. they're even allowed to join the international criminal court. now, this is what worries israel and the united states because in doing so, they could file complaints with the court about the occupation, how palestinians are being treated. right now they have no such recourse. this is what could
in the general assembly will support them. passage would grant only limited statehood. the u.s. and israel have tried to block the recognition, saying it's an attempt to block israeli/palestinian negotiations which broke down four years ago. >>> everybody is talking about tonight's big powerball drawings. the big numbers will be announced minutes from now. the jackpot stands at $550 million now, the second largest in u.s. history. powerball officials say there's a 75% chance that someone will have the winning numbers. so get your tickets out. do not change the channel, because greta will have the winning numbers as soon as they are drawn. two words. office pool. back to "on the record." >> greta: alarms are going off among some conservatives in president obama's second term, his liberal supporters are calling for income redistribution. who's doing that and how do they hope to make that happen and can they? byron york just wrote about that, along with the rest of our political panel. byron, you wrote the article. >> there's been a lot of talk during the campaign that president obama didn't have
by the vatican. but israel and the u.s. are opposed to the bid, saying it violates peace accords. >>> yet another arrest this morning for lindsay lohan. the troubled starlet was charged with assault around 4:00 a.m. in manhattan. she allegedly punched another woman in the face at a new york city nightclub. the other woman was not arrested and was not taken to the hospital. >>> and now let's head to wall street. cnbc's mary thompson is at the new york stock exchange. good morning to you, mary. >>> good morning, there's growing optimism that a budget deal will be reached to keep the u.s. from falling off the fiscal cliff. today, investors get another read on the holiday shopping season when retailers report their november figures for sales at stores open more than a year. >>> and general motors and its chinese partners are building a third plan in china in order to meet growing demand in that country. >> mary thompson at the new york stock exchange, thanks. >>> a heartwarming photo is going viral online for all of the right reasons. on a freezing november night, nypd officer lawrence duprimo saw a
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